Crypto Analyst Notes Bullish Ethereum Coiling Pattern Signaling Altcoin Season Amid Bitcoin ATH.

  • Ethereum is exhibiting a bullish signal amid years of massive “coiling.”

  • Investors are rotating capital in the Ethereum ecosystem.

  • A crucial breakout that would trigger a bull run is critically close for Ethereum.

A famous cryptocurrency analyst has spotted a significant development brewing in the altcoins market, one he views as decidedly bullish. Using the Ethereum price behavior since the last bull run, the analyst observed a pattern called “coiling.”

CARDANO LOADED Like NEVER Before! ETHEREUM About to UNLEASH Altcoins

Intro 00:00
Altcoins coiling 1:10
New Ethereum signal 4:30
Cardano 8:50 pic.twitter.com/cFsUb346i0

— Dan Gambardello (@cryptorecruitr) May 22, 2025

This observation, reportedly shared by the analyst online, suggests that Ethereum (ETH) has gone through years of accumulation, redistribution, and investor capital rotation following the previous major bull cycle. Using Ethereum’s monthly chart, he laid out how investors moved their capital around, with the market sentiment undergoing a similar process while the broader market largely traded sideways.

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